BoT Prepares Year-End Borrower Relief

The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.

There have been two phases of debt relief measures. The first started in April and the second from July. The first-phase programme is due to expire on Oct 22, while the second-phase programme will expire at the end of this year.

The additional package is intended to improve the efficiency of existing measures and address borrowers’ problem in a targeted manner, said Mathee Supapongse, deputy governor for monetary stability. Read more…..


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